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19/11/2019 (L TO R) Pat Doyle - CEO, Peter McVerry Trust & Damien English TD - Minister of State for Housing and Urban Development where the Peter McVerry Trust turned the sod on the charity’s first new build apartment scheme at New Street South, Dublin. The scheme of eight (8) apartments will be used to house people who are currently accessing homeless services in Dublin City. The derelict site on which the apartments are to be built has been transferred by DCC to the charity in order to deliver the social housing scheme. The construction works are funded by the Department of Housing, Planning and Local Government under Rebuilding Ireland. Photo:Gareth Chaney/Collins

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The Airbnb homes belong to hosts with more than one listing, many of whom are flouting tough new measures brought in by Dublin City Council last year banning the use of second properties as short-term rentals.

And despite Ireland’s most profitable Airbnb in the capital racking up €230,000 annual rental income, exclusive council data reveals there has been just one prosecution under the new regulations.

However, the coronavirus pandemic has left many investors facing bankruptcy with new bookings plummeting by 72% in March and April, according to figures from travel data hub AirDNA.

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Mr Doyle called on hosts in Dublin to help homeless families by leasing their properties to approved housing services.

He told the Irish Mirror: “It’s madness that in the centre of the city you can have a complex with 100 apartments which is exclusively being used as Airbnb while hotels around the corner are being used for homeless families.

“This crisis has given us an opportunity to redress that. The way this pandemic has fared out, there will be no tourism for the rest of this year at least.

“Now is a time for investors to look at how they can make a contribution and stay viable.

“One way is to give a three to five-year lease to approved housing bodies to provide social housing, giving us the time to build housing projects.”

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While the Covid-19 lockdown saw Airbnb revenue in Dublin drop by 71% in March and April, Dublin hosts raked in profits on the short-term rental platform last year, charging an average of €134 a night to visitors.

Inside Airbnb figures suggest top players are blocking thousands of homes from being released on to the rental market.

A total of 4,093 properties – 43.4% of the total listings for the city – at the end of March were by hosts advertising either separate rooms in the same apartment or multiple homes.

Listers based in the city centre would be in breach of regulations the council introduced last July in a bid to address property shortages in the long-term rental market.

Lack of social housing has left 4,515 people living in emergency accommodation in the capital – 46% of the 9,907 classed as homeless around Ireland.

Under the rules, absent homeowners in pressure zones can rent for a maximum 90 days per calendar year before having to apply for change of use planning permission.

Short-term letting of second or multiple properties is banned entirely without applying for planning permission first. To date the council has received just 20 change of use applications.

Figures supplied by Dublin City Council reveal 590 investigations have been launched into non-compliance with the regulations since last July.

The council has issued 21 enforcement notices and to date there has been just one prosecution, which is waiting to go before the courts. If convicted, a maximum fine of €5,000 can be handed down.

However, Airbnb hit back at Mr Doyle’s comments. A spokesman said: “The vast majority of listings on Airbnb in Dublin are already someone’s home with nearly half of hosts in Ireland saying they rely on the income from hosting to make ends meet.

“It’s inaccurate and misleading to assume these listings may otherwise be available for a long-term tenant.

“During the coronavirus outbreak, hosts in Ireland have stepped up to generously offer free places to stay for healthcare workers and other frontline medical professionals as part of a global initiative that has seen nearly 200,000 places being made available.”

He said: “The overwhelming majority of short-term lets in Dublin are illegal, they are in breach of the regulations and they should not be in the short-term letting market full stop.

“The regulations are good, but the enforcement of them is very weak because the minister refused to put a sanction on the short-term letting platforms themselves for advertising non-compliant properties.”